Perry Creek Commons

What Perry Creek Commons's governing documents say

Perry Creek Commons is a planned community in Wake County, North Carolina, with a homeowners association (HOA) that manages common areas, enforces rules, and collects assessments. This document set includes the association's articles of incorporation, bylaws, and the declaration of covenants, conditions, and restrictions (CC&Rs) that bind all property owners. It's relevant for current or prospective homeowners, as it outlines the HOA's structure, your obligations, and the rules for living here.

• What you own & maintain: You own your lot (which may be a townhouse or condominium unit) and are responsible for maintaining it, plus any limited common areas (like driveways or walkways) that serve your lot. The association owns and maintains the common areas (e.g., private streets, recreation areas, pool) and carries insurance on them.
• Assessments & fees: You must pay annual assessments (and possibly special assessments for capital improvements) to the association. The maximum annual assessment was $7.16 per lot in 2001, and can increase annually by up to 12% based on the Consumer Price Index, or more with a two-thirds vote of members. Special assessments require a two-thirds vote. Unpaid assessments become a lien on your property and can lead to foreclosure.
• Voting & membership: Every lot owner is a member of the association and gets one vote per lot. The developer (Declarant) has Class B voting rights (3 votes per lot) until January 1, 2007, or when Class A votes equal Class B votes, whichever comes first. Your voting rights can be suspended for unpaid assessments or rule violations.
• Rules & enforcement: The board can adopt and enforce rules for common areas and resident conduct. Violations can lead to suspension of voting rights and use of recreational facilities for up to 60 days. The board can also suspend rights for unpaid assessments.
• Architectural control: The association has the purpose of providing architectural control within the community, meaning you may need approval for exterior changes to your property. Specific procedures are not detailed in these documents.
• What this document doesn't cover: These documents do not specify pet rules, leasing restrictions, age restrictions, or other day-to-day living rules. Those may be in separate rules and regulations adopted by the board, or in other governing documents not included here.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.